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USDA's Cattle and Carcass training center events

USDA offers educational events at training centers

By Farms.com

USDA announces upcoming educational events at the USDA Cattle and Carcass Training Centers (CCTC) in Texas and Colorado. These events aim to empower stakeholders, especially cattle producers and feeders, with knowledge about cattle market dynamics and live animal standards.

Scheduled for July 30-31, 2024, at West Texas A&M University in Canyon, Texas, and August 14, 2024, at Colorado State University in Fort Collins, Colo., these events are tailored to individuals seeking a deeper understanding of cattle industry operations and market trends.

Attendees will have the opportunity to delve into topics such as fed and feeder cattle grading, carcass valuation, and USDA Market News reports. Additionally, experts will discuss data visualization tools and the CME Group’s Live Cattle contract delivery specifications, offering practical insights for informed decision-making.

Led by USDA and industry professionals, the events will feature live cattle evaluation demonstrations and interactive sessions. Pre-registration is mandatory for these free events, which are open to the public.

The USDA CCTC events serve as valuable platforms for knowledge exchange and networking within the cattle industry. By fostering understanding of industry standards and market dynamics, these events contribute to the sector's resilience and competitiveness.

Interested participants can access event details and pre-register on the Agricultural Marketing Service (AMS) website. Don't miss this opportunity to enhance your understanding of the cattle industry and connect with industry leaders at the USDA CCTC events.


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Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.